The downward trend of gold is obvious

9 May

https://www.tradingview.com/x/eVAhNVJU/


Gold is still down, but it is not over. There is still another plunge in gold. This wave will inevitably reach around 2292. There is still room for a downside of 16 US dollars. Be prepared.




The four-hour line continues to have a large negative line surrounding the positive line, which is an obvious bearish downward trend. One negative line breaks through two positive lines, which is a short position. The 50-day moving average has pressed the pause button on its upward movement. It is obvious that it has turned downwards strongly. Continue to be bearish, the daily level is even more terrifying for shorts, prepare for a plunge




Operation strategy: short gold 2320, stop loss 2330, target 2290



I hope you like my analysis, thank you and love you

9 May

İşlem aktif

Gold has started to fall

9 May

İşlem aktif

Hello, did you see what I said?

9 May

İşlem aktif

We have already made some profits, and a fall in gold is inevitable

9 May

İşlem aktif

There are no problems with the direction and thinking. The pressure at the 2320 position is very good. I tested it many times during the market on Wednesday, but there was no breakthrough. The pressure was tested again today, and the market continued to fall back. The entry point in the intraday layout was empty. , may be a bit radical, but there is no problem with the direction. I still continue to hold the short position. The U.S. market can go below the 2300 line before and after the market. The U.S. market has a strong strength to go down.

Now hold the short position patiently. There is no need to challenge the downward trend in the short term. The small range has not fallen below. Both upward and downward are possible. We will patiently hold the short position. The US market is expected to adjust.

9 May

İşlem aktif

Gold continues to bearish after correction